Greenhill’s banking arm logs $12m profit as Mizuho deal settles

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Greenhill’s banking arm logs $12m profit as Mizuho deal settles
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The investment bank had avoided filing its accounts, but an $836 million acquisition by the Japanese lender morphs the business into a larger advisory firm.

Already a subscriber?The investment bank Greenhill logged a $12.6 million profit last year thanks to fees from big-ticket mergers and acquisitions like BHP’s near-$10 billion purchase of OZ Minerals.

Greenhill had previously been exempted from filing annual accounts with the corporate regulator because of its small employee headcount and asset-light business model.by Mizuho in December, Greenhill’s local business will in future be grouped with the Japanese lender’s Australian operations. The firm banked $35.1 million in revenue last year, up from $29.7 million in 2022, its accounts showed.Banking fees

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